The Port of Beaumont, Texas, and Jefferson Energy Companies, a subsidiary of FTAI Infrastructure, on Sept. 10 announced a strategic partnership to develop Jefferson Terminal South, a state-of-the-art blue ammonia facility that will enhance the region’s ability to produce and transport clean energy.
The Port of Beaumont has issued $382 million in facility revenue bonds and purchased 51 acres of waterfront property for development of the new terminal, which includes construction of one deep draft berth, with plans for future expansion. Construction of the new dock at Jefferson Terminal South is underway and expected to be complete by mid-2025.
“The Port pursues public-private partnerships such as this to facilitate private investment, which leads to economic growth, job creation, and increased cargo handling capacity for the region,” said Port Director Chris Fisher.
“What started as a $60 million Port investment at the Jefferson Main Terminal has turned into a $1 billion public-private partnership that has created over 200 jobs over the last 12 years,” Fisher added. “The Port is confident this new partnership at Jefferson South Terminal will yield similar results for the community.”
The Jefferson Terminal South project is the second Jefferson Energy/Port of Beaumont partnership. The two also collaborated on the 250-acre Jefferson Main Terminal in Orange, Texas, which opened in 2012.